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On January 1, 2018, Splash City issues $500,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31

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On January 1, 2018, Splash City issues $500,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $549,482. value: Required information 1.25 points Required: 1. Complete the first three rows of an amortization table. Interest Expense Carrying Value Carrying Value Decrease in Date Cash Paid 6/30/18 12/31/18

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